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Markets Week Ahead: Gold, EUR/USD, USD/JPY
Markets Week Ahead: Gold, EUR/USD, USD/JPY
Apr 21, 2024
Most Read: US Dollar Forecast: Markets Await US GDP Core PCE - EUR/USD, USD/JPY, GBP/USD Following a brief surge in geopolitical tensions, traders may find relief in Iran's decision not to further retaliate against Israel's countermove, signaling a potential de-escalation in the Middle East and a return to focus on fundamental market drivers. Curious about what lies ahead for the...
Dollar moves in a positive zone as US treasury yields gian ground
Dollar moves in a positive zone as US treasury yields gian ground
Apr 22, 2024
Dollar rose in European trade on Monday against a basket of major rivals, resuming movements in the positive zone as US 10-year treasury yields powered up. Markets are now focused on upcoming US data later this week to gather more clues on the future of US interest rates. The Index The dollar index rose 0.15% today to 106.28, with a...
Sterling sharpens decline to five-month nadir after weak data
Sterling sharpens decline to five-month nadir after weak data
Apr 19, 2024
Sterling tumbled in European trade against a basket of major rivals, sharpening losses for the second day against the dollar and hitting five-month lows following weak UK retail sales data. Bank of England Governor Andrew Bailey said in recent remarks that inflation will likely approach medium-term targets next month, bolstering the case for a rate cut in June. The Price...
Euro gains ground and heads for $1.07
Euro gains ground and heads for $1.07
Apr 22, 2024
Euro rose in European trade on Monday against a basket of major rivals, extending gains for the second session and moving away from five-month lows on active short-covering. The pair is approaching the $1.07 barrier in wait for many important European and US later today, which will impact the path of trading throughout the week., Many analysts still expect the...
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Wall Street closed for a bank holiday
Wall Street closed for a bank holiday
May 27, 2024
The US markets are closed today for the Memorial Day holiday, and will resume operations tomorrow. US stock indices, especially NASDAQ marked successive record highs in recent days, buoyed by odds of potential interest rate cuts by the Federal Reserve this year. ...
GameStop, Box And 3 Stocks To Watch Heading Into Tuesday
GameStop, Box And 3 Stocks To Watch Heading Into Tuesday
May 27, 2024
With U.S. stock futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Box, Inc ( BOX ). to report quarterly earnings at 36 cents per share on revenue of $262.04 million after the closing bell, according to data from Benzinga Pro. Box shares gained 0.3% to...
Russian rouble strengthens slightly against US dollar
Russian rouble strengthens slightly against US dollar
May 28, 2024
MOSCOW, May 28 (Reuters) - The Russian rouble strengthened slightly against the U.S. dollar on Tuesday. By 0715 GMT, the rouble was 0.23% higher at 88.42 to the dollar after trading in a range of 88.358 to 88.700. Against the euro, the rouble rose 0.15% to 96.13 and gained 0.22% to 12.15 against the yuan . Brent crude oil, a...
Update: Gold Trading Higher Midafternoon for the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
Update: Gold Trading Higher Midafternoon for the First Time In Five Sessions as the Dollar Weakens in Holiday Trading
May 27, 2024
02:00 PM EDT, 05/27/2024 (MT Newswires) -- (Updates prices.) Gold prices traded higher midafternoon, rising for the first time in five sessions early on Monday in light holiday trade as the dollar edged down. Gold for August delivery was last seen up $21.30 to US$2,378.20 per ounce. The price of the metal has weakened since closing at a record US$2,461.70...
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Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
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Cups are disposable, the environment is not: Starbucks’ green realisation
Cups are disposable, the environment is not: Starbucks’ green realisation
Sep 16, 2023
For the last several years, Starbucks has been testing different kinds of plastics. In 2019, the company went to a straw less lid, eliminating a good amount of plastic. By the end of 2023, the goal is to reduce by 15 percent the amount of material in each cup.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
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